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Walmart announces 3-for-1 stock split

Shares of the big box retailer rose 1% after the bell.

The company said the stock split would increase the number of outstanding common stock to about 8.1 billion from about 2.7 billion.

The additional shares will be payable after market close on Feb. 23, Walmart (NYSE:WMT) said.


Source: Economy - investing.com

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Walmart announces 3-for-1 stock split as shares hover below all-time high